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2008 Economic Calendar |
This weekly measure of comparable store sales at major retail chains, published by the International Council of Shopping Centers, is related to the general merchandise portion of retail sales. It accounts for roughly 10 percent of total retail sales. Why Investors Care
| Released on 5/22/07 For wk 5/19 2007 | |||||||||||||||
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Highlights
Retail sales in May, following the disappointment and uncertainty of April, will have a big impact on the economic outlook, and ICSC-UBS's report this morning points to trouble. ICSC-UBS's index is up a paltry year-on-year 1.9 percent in the May 19 week, with the week-to-week change down 1.5 percent. The report blamed high gasoline prices for the weakness. Redbook is up next.
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